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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Spectral Medical Inc. is a Canada-based late-stage theragnostic company advancing therapeutic options for sepsis and septic shock. The Company develops and commercializes a treatment for septic shock utilizing its Endotoxin Activity Assay (EAA) diagnostic and the Toraymyxin therapeutic (PMX). PMX is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the bloodstream and is guided by the Company’s EAA. PMX is approved for therapeutic use in Japan and Europe and has been used safely and effectively on more than 340,000 patients to date. It has pioneered the development of biochemical markers for the clinical syndrome known as septic shock. It is continuing its legacy business of manufacturing and selling certain proprietary reagents. It develops, produces and markets recombinant proteins, antibodies and calibrators. These materials are sold for use in research and development, as well as in products manufactured by other diagnostic companies.


TSX:EDT - Post by User

Bullboard Posts
Post by Nohandledzepon Apr 16, 2014 1:37pm
275 Views
Post# 22459242

The Cormark Analyst

The Cormark Analystwhile very bullish, seems a little put off by the lacjk of clarity in Monday's release.

Yet clarity in the news release would mean a public disclosure of the severe reduction in the risk of the trial failing, which would lead to shareholder optimism and unwanted publicity, which could further lead to questions like "where the Hell is IR and why is the stock not being promoted", which might lead to pressure to release the anlyst reports and tell the Spectral story, which would drive the share price up significantly and ultimately kill the ability to hand out 90 million more cheap shares to friends for the next round of financing!

But they are still bullish.
Bullboard Posts